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New advisory body for nature investment

ROSE MARY PETRASS  |  TUESDAY, 5 DEC 2023  |  NEWS
... private finance and investment with nature positive outcomes. The Department of Climate Change, Energy, the Environment and Water this week announced the establishment of the Nature Finance Council to increase private sector financial flows to benefit ...

COP28: Climate finance, carbon markets take centre stage

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
At COP28 leaders are highlighting the need to make climate finance more accessible and affordable. Water featured for only the second time at a COP, and several emerging economies launched carbon market initiatives. Adaptation and inclusion COP28 saw ...

COP28: Countries tackle coal as President claims "no science" behind phase-out

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
During the first week of the COP28 climate summit in Dubai, Australia and other countries outlined new commitments to reduce emissions including methane, non-CO2 gasses and coal. Several countries and major corporations expressed interest in using carbon ...

Government introduces anti-slavery commissioner legislation

RACHEL ALEMBAKIS  |  FRIDAY, 1 DEC 2023  |  NEWS
Canberra has introduced legislation to establish Australia's first federal anti-slavery commissioner. The Modern Slavery Amendment (Australian Anti-Slavery Commissioner) Bill 2023 amends the Modern Slavery Act 2018 to "establish the core functions ...

Carbon credit review falls short on CO2 capture and slavery

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
... use. It's crucial to consider the potential of regenerating nature and harnessing natural capital like healthy soil, water, and ecosystems to enhance carbon sequestration while supporting sustainable agriculture practices. The role of regional Natural ...

Don't neglect the SDGs in sustainable finance strategy

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
... on five core areas where we believe business can have the biggest impact - gender equality, climate action, living wage, water resilience and finance and investment." The Business Council for Sustainable Development Australia (BCSDA) reinforces UNGCNA's ...

La Trobe University inks sustainability-linked loan

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
... fleet to electric vehicles; Green Building Council of Australia's Green Star Communities certification including employment, water and waste initiatives; and gender equity initiatives involving improving gender equity, diversity and inclusion in Science ...

New tools available to help investors meet Paris Agreement

ROSE MARY PETRASS  |  FRIDAY, 17 NOV 2023  |  NEWS
... Qontigo index business. In June the European Commission approved EU Taxonomy criteria for sustainable use and protection of water and marine resources, transition to a circular economy, pollution prevention and control, and protection and restoration ...

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
... because nature is a broad agenda." Some areas of nature-related risk are regulated under environmental laws like air and water pollution, deforestation and waste disposal, thus giving companies a basis for already-existing data and analysis, nature-related ...

Preparing for COP28: nature and climate integration

ROSE MARY PETRASS  |  TUESDAY, 14 NOV 2023  |  NEWS
... accelerating action on biodiversity and helping move the needle." The Department of Climate Change, Energy, the Environment and Water (DEECCEEW) are hosting a global Nature Summit at the end of next year.